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Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$3,480,000
Est. payment /mo
5 Beds
2 Baths
5,950 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,950 sqft
Price per Sqft $584
MLS Listing ID ML82048553
Bedrooms 5
Full Baths 2
Year Built 1910
Lot Size 2,648 Sqft
Property Sub-Type Five or More Units
Property Description
282 Valley Street presents a rare opportunity to acquire a premier 6-unit apartment building in the heart of Noe Valley, one of San Francisco's most sought-after neighborhoods. Comprised of (5) spacious 2-bedroom / 1-bath units and (1) oversized 3-bedroom / 1-bath unit, the property offers an attractive in-place 5.09% CAP rate with a clear path to approximately 9.00% CAP through continued rent growth and operational optimization. Positioned on the coveted Sanchez Slow street with exceptional walkability to 24th Streets shops, restaurants, transit, and neighborhood amenities, 282 Valley Street offers investors immediate cash flow today with substantial long-term upside in one of San Francisco's strongest multifamily submarkets.
Location
State CA
County San Francisco
Area 5 - Noe Valley
Zoning RH2
Interior
Heating Electric
Cooling None
Laundry Coin Operated, Washer/Dryer - Some Units
Exterior
Parking Features On Street
Utilities Available Individual Electric Meters, Individual Gas Meters, Public Utilities
Roof Type Rolled Composition
Building
Foundation Concrete Perimeter
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 6614-021
Security Features None
Special Listing Condition Not Applicable
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